5 Ways a Costco Membership Can Save You Money on Travel (2024)

5 Ways a Costco Membership Can Save You Money on Travel (1)

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Travel costs can add up quickly, so any savings you can score are a win for your wallet. Before finalizing the details for your next getaway, look for opportunities to save money. If you’re a Costco member, your membership perks could help trim your travel spending.

Sure, Costco has great prices on groceries, electronics, and clothes — but that’s not all. Here are a few ways you can use your Costco card to get better deals on travel expenses.

1. Save money by booking reservations through Costco Travel

Before you make a reservation for an upcoming trip, check the prices on Costco Travel. You can book hotels, rental cars, cruises, and vacation packages through Costco, which could offer significant savings.

Need help determining where to go for your next trip? Costco highlights limited-time travel deals that could offer considerable savings. You may even receive free daily breakfast or resort credits when booking eligible trips, which would provide additional savings.

2. Get a deal on new luggage

Good luggage can last a long time, but there may come a point when you need to replace your existing suitcase. Check to see if you can get a deal on quality bags at Costco. Here are three deals to explore if you’re shopping for new luggage:

  • Traveler’s Choice Granville II 2-piece Luggage Set for $169.99
  • Samsonite Amplitude 2-piece Hardside Set for $199.99
  • Traveler’s Choice 30″ Creekside Hardside Check-in Luggage Spinner for $139.99

Luggage sets from popular brands like Samsonite can cost $300 or more, so getting your travel gear at Costco could be a win for your personal finances.

3. Add a driver for free on eligible car rental bookings

Another way Costco members can save on travel is by adding a driver to their car rental reservation for free. This membership perk applies to bookings made with Alamo and Enterprise for U.S., Canada, U.K., France, Germany, Ireland, and Spain rentals.

The additional driver fee is also waived for Avis and Budget U.S. car rental bookings. Additional driver fees usually cost $13 to $15 per driver per day. This membership benefit could save you up to $150 for a 10-day road trip.

4. Pay less for travel gift cards

You can use your Costco membership perks to save money on gift cards to your favorite retailers. But that’s not all. Costco sells gift cards for popular travel companies like Southwest. At the time of writing, Costco has a $500 Southwest Airlines gift card for $449.99. Saving over $50 on your next airfare purchase can allow you to stretch your vacation budget further.

5. Save money on gas

You can also use your Costco membership benefits to get a deal on gas when filling up at Costco. This is helpful for your day-to-day needs and can also help you save money on your next vacation. Before your next road trip, check to see if any clubs will be along your route so you can fill up your tank at a discounted rate.

How much money can this perk save you? Most reports suggest that Costco’s gas prices are about $0.20 less per gallon than other gas stations. If you drive a car with a 15-gallon tank, a discount of $0.20 per gallon would save $3 every time you fill up.

Get the most out of your Costco membership

A Costco membership costs $60 to $120 a year, depending on the level you choose. Use the benefits available to get the most out of your investment. You can save money on expenses beyond groceries and household goods. The travel savings mentioned above are just a few other ways to use your membership perks.

Check out our ultimate Costco guide for tips on maximizing the value of your membership. You should also consider using a credit card that earns rewards when paying for your Costco haul. Review our list of the best credit cards for Costco to learn more about the rewards potential.

Top credit card to use at Costco (and everywhere else!)

If you’re shopping with a debit card, you could be missing out on hundreds or even thousands of dollars each year. These versatile credit cards offer huge rewards everywhere, including Costco, and are rated the best cards of 2024 by our experts because they offer hefty sign-up bonuses and outstanding cash rewards. Plus, you’ll save on credit card interest because all of these recommendations include a competitive 0% interest period.

Click here to read our expert recommendations for free!

We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
The Ascent does not cover all offers on the market. Editorial content from The Ascent is separate from The Motley Fool editorial content and is created by a different analyst team.Natasha Gabrielle has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Costco Wholesale. The Motley Fool recommends Southwest Airlines. The Motley Fool has a disclosure policy.

5 Ways a Costco Membership Can Save You Money on Travel (2024)

FAQs

5 Ways a Costco Membership Can Save You Money on Travel? ›

Costco Travel lets you book hotels, flights, and rental cars at a discount. On both big trips and small, Costco Travel offered savings. Costco Travel averaged 10% cheaper than other bookings.

Does Costco save money on travel? ›

Costco Travel lets you book hotels, flights, and rental cars at a discount. On both big trips and small, Costco Travel offered savings. Costco Travel averaged 10% cheaper than other bookings.

Do Costco members get travel discounts? ›

Costco members can book travel at resorts, on cruises, at theme parks, as well as reserve car rentals, all at significant discounts. Members reap savings in terms of lower prices, generous rebates, Executive Member rewards, and other extras that regularly exceed the value of what the competition can offer.

What Costco membership do I need for travel? ›

Costco Travel has you covered. While all members can use Costco Travel, only Executive Members can earn toward their annual 2% Reward on qualified purchases.

How much do you get back from Costco Travel? ›

Use your card and earn 3% cash back rewards on Costco Travel purchases worldwide including airfare, hotels, car rentals, and cruise lines.

Is Costco card good for travel? ›

Travel-related purchases using the Citi Costco Anywhere Visa Card can earn 3% cash back anywhere in the world. Transactions for hotel bookings, airline tickets, cruises and travel arranged through a travel agent or the Costco Travel portal are eligible.

Do Costco memberships save money? ›

Costco's annual membership fee starts at $60, so you'd need to save that much each year to get your money's worth. You could lose money as a Costco member if you're prone to impulse buys. Since most Costco items come in bulk, you could waste money if you buy lots of products and don't use them up.

What are the benefits of booking through Costco Travel? ›

Trips booked through Costco Travel are often discounted and/or include perks and benefits you may not get by booking directly or through other booking portals. Usually, a trip booked through Costco Travel will also include a Digital Costco Shop Card (essentially a type of Costco gift card) of varying value.

What are the benefits of Costco membership? ›

It Pays to Be an Executive
  • Annual 2% Reward. Earn an annual 2% Reward (up to $1,000) on qualified Costco purchases. ...
  • Costco Services. Additional benefits on select Costco Services.
  • Costco Travel. Additional value on select destinations, cruises, hotels and rental cars.

Do you earn Costco rewards on travel? ›

Earn cash back rewards on purchases wherever Visa® is accepted. You'll get 4% back on eligible gasoline purchases for the first $7,000 per year and then 1% thereafter. You'll also earn 3% on restaurants and eligible travel purchases, including Costco Travel.

Do Costco Travel packages include airfare? ›

Except where specifically noted, airfare is not included in the price.

Can I use someone else's Costco card for travel? ›

Your membership card is valid at any Costco warehouse worldwide and is not transferable.

Is Costco Executive membership worth it for travel? ›

Costco Executive members get 2% back on eligible purchases, including those made through Costco Travel. Costco Travel is already saving you up to 15%. Costco Travel is also often coded as such for credit cards, meaning bonus rewards for you.

How much can I save with Costco Travel? ›

Earn 3% cash back rewards on Costco Travel purchases. Additional terms and conditions apply. Ask for details.

What credit card to use for Costco Travel? ›

Specifically, you can use a Visa or Mastercard credit card for Costco.com and Costco Travel purchases.

How much is a senior membership at Costco? ›

Unfortunately, though, Costco doesn't offer senior discounts. You'll need to prepare to pay $60 for a basic membership or $120 for an Executive membership. You may find, however, that the savings you enjoy can more than make up for those costs.

Do you get 2% on Costco Travel? ›

For Executive Member purchases made directly from Costco Travel, a 2% Reward will be earned and applied after travel is completed.

Does Costco credit card have travel discount? ›

Costco Anywhere Visa® Card by Citi details

3% cash back at restaurants. 3% cash back on eligible travel purchases (including Costco Travel) 2% cash back on all other Costco and Costco.com purchases. 1% back on everything else.

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